If price were $14, there would be a (shortage or surplus) _____ of _____.
surplus; 30
Economics
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Why is diversification recommended for investors?
What will be an ideal response?
Economics
If MV rises from 180 to 270,
A. PQ will fall by 50%. B. PQ will stay the same. C. PQ will rise by 50%. D. PQ will rise by 100%.
Economics
In recent years, most immigrants to the United States have come from Latin America and Asia.
Indicate whether the statement is true or false.
Economics
Adam Smith noted that people are adept at which of the following?
A. Confusing themselves if given the chance. B. Proving the truth of “Murphy’s Law.” C. Denying themselves for the sake of others. D. Pursuing their own self-interest. E. All of the responses are correct.
Economics